Cattle Market Pulse

Miles City Livestock Commission Auction Market Report

Miles City, Montana · USDA-reported Auction Livestock

Sale of Tuesday, March 5, 2024

1,659 head sold ·Official USDA report

This is an archived report. See the latest Miles City Livestock Commission Auction report →

heavy 5-weight M&L 1 steers $332.23/cwt ≈ $1,903/hd at 573 lb · 166 head
light 4-weight M&L 1 steers $369.35/cwt +17.35 vs last sale · ≈ $1,570/hd at 425 lb · 110 head
heavy 6-weight M&L 1 steers $290.84/cwt ≈ $1,940/hd at 667 lb · 85 head
HeadThis saleLast saleLast year
Total receipts 1,659 767 1,105
Feeder cattle 943 419 154
Slaughter cattle 215 243 100
Replacement cattle 501 105 851

Compared to last sale: Feeder steers and heifers were too lightly tested last week to develop a full market trend, however higher undertones were noticed on both steers heifers. Demand was mostly moderate to good for light to moderate offerings. Quality this week was mostly average with a limited offering of attractive cattle seen. Plain to average quality calves sold on much stronger demand compared to last week. Most cattle were long weaned from 45-100 days. Package sizes were mostly small to moderate this week and larger than last week. Several partial load lots were seen this week. CME positions pushed higher today but have traded unevenly since last week. The March contract closed today at 252.30, 0.70 lower than last Tuesdays close. The April closed at 257.175 today, 1.775 lower than last Tuesdays close. Market activity was mostly moderate to active this week. Weigh up cows sold on mostly good demand for light to moderate offerings. Demand for slaughter cows was good to very good. Packers opted to send most of the cow offering to slaughter this week as supplies remain tight. Slaughter cows sold mostly 2.00-5.00 higher on Premium white and Breaking cows. Boning and lean cows sold mostly 3.00-6.00 higher. Private feeding buyers pushed feeding cows higher as they pushed to buy them away from packers. Very few feeding cows were seen last week thus no comparisons can be made. Slaughter bulls were too lightly tested to develop an accurate market trend, however steady undertones were noticed. Weigh up conditions were mixed today. Another set of fed cows sold this week. Most of these offerings were fed for over 100 days. Young age cows were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Young cow quality was mostly average to attractive this week. Demand from both feeding and rebreed buyers helped push these offerings higher, with many selling near the same price levels as late fall. A moderate offering of bred cows was seen this sale. Demand for bred cows was mostly good with a large crowd on hand for todays bred portion of the sale.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
418–439 425 110 365.00–370.00 $369.35 $1,570 +17.35
450 450 1 355.00 $355.00 $1,598
521 521 36 342.00 $342.00 $1,782 +8.33
571 571 16 319.00 $319.00 $1,821
550–598 573 150 322.50–341.75 $333.64 $1,912
660–669 667 85 285.50–292.25 $290.84 $1,940
710–729 726 15 267.00–268.00 $267.13 $1,939 +0.13
845 845 31 231.75 $231.75 $1,958
885 885 3 212.50 $212.50 $1,881
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
377 377 3 355.00 $355.00 $1,338
418–448 439 14 345.00–360.00 $351.00 $1,541
488–494 493 10 332.50–342.50 $334.48 $1,649
503 503 7 337.00 $337.00 $1,695
608–639 627 15 284.50–294.00 $288.19 $1,807 +0.19
718 718 6 263.00 $263.00 $1,888
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
378 378 7 351.00 $351.00 $1,327
484 484 15 335.00 $335.00 $1,621
544 544 6 317.50 $317.50 $1,727
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 1 300.00 $300.00 $1,470
529 529 10 297.50 $297.50 $1,574 -12.50
623 623 3 275.00 $275.00 $1,713
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
772 772 5 240.00 $240.00 $1,853

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
379 379 4 340.00 $340.00 $1,289
400–435 414 10 326.00–338.00 $333.54 $1,381
511–514 511 47 305.50–322.50 $309.69 $1,583 +22.85
575–594 590 21 275.00–280.00 $275.93 $1,628 -5.76
610 610 12 274.00 $274.00 $1,671 +5.50
711 711 57 265.50 $265.50 $1,888
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–378 360 20 325.00–327.50 $326.87 $1,177
444–448 446 30 308.00–324.00 $313.61 $1,399
487 487 9 303.00 $303.00 $1,476 +12.00
543 543 2 279.00 $279.00 $1,515
553–555 553 9 274.50–277.00 $276.44 $1,529
600 600 1 252.00 $252.00 $1,512
673 673 2 231.00 $231.00 $1,555
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
436 436 5 286.00 $286.00 $1,247
500 500 1 264.00 $264.00 $1,320
562 562 5 235.00 $235.00 $1,321
618 618 6 230.00 $230.00 $1,421 +29.00
Medium 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
443 443 6 110.00 $110.00 $487
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
424 424 4 322.50 $322.50 $1,367

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465 465 1 337.50 $337.50 $1,569
545 545 8 320.00 $320.00 $1,744
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 2 320.00 $320.00 $1,536
650 650 2 252.50 $252.50 $1,641
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
740 740 1 220.00 $220.00 $1,628
Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1155 1155 1 180.00 $180.00 $2,079
Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1195 1195 1 150.00 $150.00 $1,792

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1325–1440 1377 80-85% 3 101.00–108.00 $105.56 $1,454 +7.56
1320–1533 1398 80-85% 29 114.00–119.50 $117.38 $1,641 +19.38
1295–1483 1403 80-85% 15 108.00–119.00 $112.50 $1,578
1420–1540 1480 80-85% 2 99.00–103.00 $101.08 $1,496 -13.92
1270–1497 1485 80-85% 39 120.00–122.50 $121.42 $1,803 +6.42
N/N/A ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1595–1615 1606 65-75% 44 120.25–121.50 $120.94 $1,942
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
995 995 85-90% 1 74.00 $74.00 $736 -4.00
1040 1040 85-90% 1 88.00 $88.00 $915
1020–1185 1117 85-90% 5 102.00–108.50 $105.66 $1,180 +11.97
1137–1245 1177 85-90% 9 106.00–111.00 $109.05 $1,284
1154–1325 1180 85-90% 8 111.50–115.00 $113.09 $1,334
1125–1300 1235 85-90% 10 92.00–105.00 $100.00 $1,235 -5.15
1295 1295 85-90% 1 117.00 $117.00 $1,515
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1425 1425 75-80% 1 122.25 $122.25 $1,742
1382–1630 1443 75-80% 31 113.00–117.00 $115.89 $1,672
1535 1535 75-80% 1 106.00 $106.00 $1,627 -8.42
1550–1610 1580 75-80% 2 114.00–115.00 $114.49 $1,809 +5.93

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1290 1290 1 121.00 $121.00 $1,561 +14.08
1290 1290 1 104.00 $104.00 $1,342 -2.92
1365–1435 1400 2 110.00–117.00 $113.59 $1,590
1410 1410 1 111.00 $111.00 $1,565
1753–1975 1845 4 121.00–132.00 $127.16 $2,346
2000 2000 1 135.00 $135.00 $2,700

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
800–1108 932 (<2 yrs)Open 18 184.00–217.50 $203.26 $1,894
950–1345 1117 Young (2-4 yrs)Open 26 117.00–171.00 $148.99 $1,664
Medium 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
659–793 691 (<2 yrs)Open 11 203.00–217.00 $213.15 $1,473

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1117 1117 Young (2-4 yrs)3rd Stage (7-9 mo) 24 2,800.00 $2,800.00
1158 1158 Aged (>8 yrs)2nd Stage (4-6 mo) 16 1,800.00 $1,800.00
1224–1246 1244 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 49 2,375.00–2,500.00 $2,487.45
1224–1285 1258 Aged (>8 yrs)3rd Stage (7-9 mo) 75 2,000.00–2,350.00 $2,220.10
1124–1353 1264 Middle Aged/Aged (>5 yrs)3rd Stage (7-9 mo) 152 2,200.00–2,350.00 $2,334.11
1257–1335 thin fleshed 1265 Aged (>8 yrs)3rd Stage (7-9 mo) 20 1,825.00–1,850.00 $1,847.36
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1063 1063 Young (2-4 yrs)3rd Stage (7-9 mo) 2 2,350.00 $2,350.00
1181 1181 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 19 2,300.00 $2,300.00
Medium 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1057–1067 1061 Young (2-4 yrs)3rd Stage (7-9 mo) 19 2,300.00–2,500.00 $2,425.88

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1046–1178 1099 (<2 yrs)3rd Stage (7-9 mo) 35 2,800.00–2,850.00 $2,821.44

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What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.